BYD Issues Recall for 97,000 Popular EVs Due to Steering Component Issue, According to Regulator
BYD has notified the Chinese regulator of a recall involving nearly 97,000 electric vehicles (EVs) due to a manufacturing defect related to a steering control unit, which poses a potential…
Residential Sales in EEC Regions Decline Amid Factory Closures
New sales of residential units in the Eastern Economic Corridor (EEC) provinces, particularly in regions close to industrial estates, continued to experience a decline in the second quarter of 2024…
Indian Action Increases Pressure on Thai Rice Prices
India is set to resume exports of non-basmati white rice as inventories surge in the world’s largest grain exporter and farmers get ready to harvest a new crop. According to…
Revisions Required for Foreign Land Lease Agreements
The proposal to permit foreigners to lease land in Thailand for up to 99 years, with the land transitioning from private ownership to state property, may necessitate revisions to the…
Analysts anticipate that Thai stocks will benefit from China’s stimulus measures.
China’s economic stimulus is expected to indirectly benefit several Thai industries and foster positive sentiment in the capital and money markets, potentially lifting the Thai stock index to 1,500 points,…
KBank Remains Committed to Its Customers
Despite facing numerous challenges, Kasikornbank (KBank), the third-largest financial institution in Thailand by total assets, is dedicated to helping vulnerable customers manage their debt throughout the duration of their loans.…
THAI to Submit Restructuring Plan
Thai Airways International (THAI) is set to submit its restructuring plan to the Securities and Exchange Commission (SEC) and the Stock Exchange of Thailand (SET) on Monday, marking a significant…
Health Ministry Pursues Tax Incentives to Combat Non-Communicable Diseases
The Public Health Ministry is advocating for tax incentives to encourage individuals in the battle against Non-Communicable Diseases (NCDs), as stated by Minister Somsak Thepsutin. The primary objective is to…
Urgent Response Needed as Baht Triggers Alarm
The Federation of Thai Industries (FTI) is calling for urgent action to address the appreciation of the baht, which poses a threat to the country’s vital economic sectors, including exports…
Reform of Social Security Fund Seeks to Enhance Returns
Thailand’s underperforming $77 billion Social Security Fund (SSF) is set to invest $11.6 billion in global private assets as part of a strategic overhaul aimed at improving returns in light…